ArcelorMittal SA (MT): Today's Featured Metals & Mining Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

ArcelorMittal ( MT) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.3%. By the end of trading, ArcelorMittal rose $0.78 (6.0%) to $13.71 on heavy volume. Throughout the day, 11,781,097 shares of ArcelorMittal exchanged hands as compared to its average daily volume of 5,970,900 shares. The stock ranged in a price between $13.28-$13.84 after having opened the day at $13.30 as compared to the previous trading day's close of $12.93. Other companies within the Metals & Mining industry that increased today were: Walter Energy ( WLT), up 13.8%, International Tower Hill Mines ( THM), up 13.4%, Exeter Resource Corporation ( XRA), up 13.2% and James River Coal Company ( JRCC), up 11.8%.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $19.2 billion and is part of the basic materials sector. Shares are down 29.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ArcelorMittal as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Sibanye Gold Ltd ADR ( SBGL), down 43.4%, Tonix Pharmaceuticals ( TNXP), down 30.2%, Asanko Gold ( AKG), down 14.6% and Quest Rare Minerals ( QRM), down 11.0% , were all laggards within the metals & mining industry with Molycorp ( MCP) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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